ACTIVE

EXPLOITATIE CASINO MIDDELKERKE

Financial year 2025 · Closed on 31/10/2025

Net result-5,9 M €+23,0 %over 1 year
Revenue29,2 M €+51,7 %over 1 year
Equity7,7 M €+1,6 %over 1 year
Workforce66,8 ETP+10,6 %over 1 year

Identity

Source · BCE/KBO

EXPLOITATIE CASINO MIDDELKERKE is a Public limited company incorporated in 2022. Its registered office is in Middelkerke. It employs on average 66,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0782.601.344
Incorporation
24/02/2022
Legal form
Public limited company
Registered office
Zeedijk 117 box A
8430 Middelkerke · FlandreSee on map
Contributed capital
27 069 140,00 €
Latest accounts
31/10/2025
Average workforce
66,8 ETP
Joint committees (3)
  • 217
  • 302
  • 304
Signals
Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Revenue29,2 M €19,2 M €4,3 M €1,2 M €
EBITDA-4,2 M €-6,5 M €-3,6 M €-1,7 M €
Operating result-5,6 M €-7,5 M €-4 M €-1,9 M €
Net result-5,9 M €-7,6 M €-4 M €-1,9 M €
Balance sheet
Equity7,7 M €7,6 M €4,6 M €-131,2 k €
Total assets18 M €18,1 M €6,2 M €2,3 M €
Cash3,2 M €3,3 M €827,5 k €639 k €
Debts9,4 M €10,3 M €1,5 M €2,3 M €
Other
Workforce66,8 ETP60,4 ETP45,6 ETP17,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/10/2025

5 active · 7 ended

Active mandates

BELCASINOS

Managing director · since 18 avril 2025 · until 21 avril 2028 · 0458.233.542

Represented by Ari Sebag

Active
Christophe Silve

Managing director · since 18 avril 2025 · until 21 avril 2028

Active
Fabrice Paire

Director · since 24 février 2022 · until 21 avril 2028

Active
Jan-Jack Sebag

Director · since 24 février 2022 · until 21 avril 2028

Active
Patrick Partouche

Director · since 24 février 2022 · until 21 avril 2028

Active

Ended mandates

Christophe Silve

Managing director · since 22 avril 2023 · until 18 avril 2025

Ended
BELCASINOS

Managing director · since 01 novembre 2022 · until 18 avril 2025 · 0458.233.542

Represented by Ari Sebag

Ended
BELCASINOS

Managing director · since 01 novembre 2022 · until 21 avril 2028 · 0458.233.542

Represented by Ari Sebag

Ended
I.V. SLABBINCK

Managing director · since 01 novembre 2022 · until 18 avril 2025 · 0436.671.828

Represented by Marc Slabbinck

Ended

Other companies at this address

Zeedijk 117 8430 Middelkerke
CompanyCBE no.
BELCASINOS● Active
0458.233.542
0414.052.319
0830.388.690

Full financial information

Source · NBB
2025202420232022
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/11/202401/11/202301/11/202224/02/2022
Closing of the financial year31/10/202531/10/202431/10/202331/10/2022
Length of the financial year12 months12 months12 months9 months
Filing date29/05/202616/05/202517/05/202416/05/2023
General meeting17/04/202618/04/202519/04/202421/04/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/10/202517/04/202629/05/2026DutchPDF
Full model31/10/202418/04/202516/05/2025DutchPDF
Full model31/10/202319/04/202417/05/2024DutchPDF
Full model31/10/202221/04/202316/05/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/10/2025

5 active · 7 ended

Active mandates

BELCASINOS

Managing director · since 18 avril 2025 · until 21 avril 2028 · 0458.233.542

Represented by Ari Sebag

Active
Christophe Silve

Managing director · since 18 avril 2025 · until 21 avril 2028

Active
Fabrice Paire

Director · since 24 février 2022 · until 21 avril 2028

Active
Jan-Jack Sebag

Director · since 24 février 2022 · until 21 avril 2028

Active
Patrick Partouche

Director · since 24 février 2022 · until 21 avril 2028

Active

Ended mandates

Christophe Silve

Managing director · since 22 avril 2023 · until 18 avril 2025

Ended
BELCASINOS

Managing director · since 01 novembre 2022 · until 18 avril 2025 · 0458.233.542

Represented by Ari Sebag

Ended
BELCASINOS

Managing director · since 01 novembre 2022 · until 21 avril 2028 · 0458.233.542

Represented by Ari Sebag

Ended
I.V. SLABBINCK

Managing director · since 01 novembre 2022 · until 18 avril 2025 · 0436.671.828

Represented by Marc Slabbinck

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office13/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Capital / shares26/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Other01/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL
    PDF
  • Mandates19/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares22/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates02/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-5,9 M €↑
  2. 2024
    Annual accounts 2024-7,6 M €↓
  3. 2023
    Annual accounts 2023-4 M €↓
  4. 2022
    Annual accounts 2022-1,9 M €
  5. 24/02/2022
    IncorporationPublic limited company